Dale E. Veitch Began His Career In 1984 In The Insurance Sector With over 18 years of experience in the financial services industry, Dale E. Veitch is a successful and extensively experienced professional from Orlando, Florida. He started his career in 1984 in the insurance sector, serving organizations like Central Insurance Underwriters and Metropolitan Life Insurance Company. Later, he was hired by an independent financial...more
Moving On and Beyond the Toxic People and Circumstances in Your Life Moving On and Beyond the Toxic People and Circumstances in Your LifeI strongly believe that each of us is on this planet to learn lessons of spirit and grow our souls. In this journey one calls life, one encounters all sorts of challenges and people who will test our strength, challenge our beliefs, rock our foundation, and makes us doubt ourselves. Interestingly...more
Guaranteed Acceptance Life insurance for People over 50 There was a time when life insurance policies were scarce and uncommon and a very limited class of society actually signed up for a life insurance policy. Today people have become more aware of the benefits of having a life insurance policy. It is basically a measure to safeguard your future and that of your family.Earlier there were not many insurance plans for people over 50. There was not much point in offering an insurance plan to someone who might or might not be alive in the next few years. Today, People enjoy longer lifespans opening the doors of life insurance to people over 50. There are a number of insurance companies that offer the option of different insurance plans for people over 50.Before looking at the various types of insurance plans that are being offered today, let's understand why a person would need an insurance plan after the ripe age of 50. A lot of elderly people are concerned about the welfare of their spouse who will have no one to care for them once he/she is gone. In other cases, there might be younger children who are still dependent on the parent and need financial support for...more
Single Premium Life Insurance - Is It For You? Single premium life insurance is a unique financial product that allows you to pay for whole life insurance in one lump sum. For example, you can buy a policy worth $200,000 for only $60,000. In addition to the death benefit, the cash benefit of a plan gets bigger faster when you invest...more
Survivorship Life Insurance Policies In estate planning, you have many tools available. If you have considerable income and assets that you want to leave to your heirs, then you must plan carefully to ensure that your beneficiaries receive the full benefit of their inheritance. Survivorship life insurance is a type of policy that can...more
Types of Term Life Insurance, Choose the Right One for You! Term life insurance is one of the most commonly purchased types of life insurance. It differs from whole life insurance in that the policy holder pays premiums and is only eligible for the benefits of the insurance during the relevant amount of time the insurance is in effect. For example, a fifteen year term insurance policy will only pay out the death benefit if the policy holder dies during the fifteen years after the start date of the policy. Unless the policy is renewed, they will not be able to collect on the insurance if they die even one day after the policy expires. There are a couple of different types of this insurance.Level term life insurance describes a type of insurance where the premiums remain the same during the life of the policy. So if you were paying $100 per month at the beginning of a 20 year term policy you will be paying the same amount at the end. This is good for people who are on a fixed budget and want to have some security in their monthly payments. However, once the insurance expires, the amount can go up if you renew the policy. Additionally, you are often required to pass a...more
Survivorship Life Insurance - What Are Its Uses? The primary purpose of just about any type of life insurance policy is to provide for the beneficiaries of the policyholder once they have passed away. Whether the money is intended to...more
Markets and Uses for Universal Life Insurance When people think of life insurance, they generally automatically assume it is only for end of life monetary benefits to their loved ones in the event of their passing. Although the primary...more
Characteristics of Single Premium Life Insurance When people think of life insurance, they typically do so in terms of the monthly payments they have to pay over the time frame relevant to the type of insurance they want to purchase....more
Defining Life Insurance for Taxation Purposes Life insurance is not only a great idea for future planning. It is not only a great idea for investment purposes. It is one of the best ways to shelter yourself from taxes. The money inside...more
Characteristics of Variable Life Insurance Products Although variable life insurance products pay out a death penalty when the policy holder dies, it can actually be looked at as more of an investment vehicle for your cash. Part of the...more
Corporate-Owned Life Insurance The death of a key employee in a business represents a terrible loss to the corporate family. It can also cause considerable financial loss particularly if the person was a significant owner in the...more